Crypto•25 September 2026•
1 min read
Circle and Tether Freeze Assets Linked to Bitget Hack
Key Facts
1Circle and Tether froze approximately $318,000 in stablecoins linked to the $351.6 million Bitget hack.
2Exploiter wallets still hold over 63,000 ETH, which remains beyond the reach of centralized freezing mechanisms.
Circle and Tether froze approximately $318,000 in stablecoins linked to the Bitget exchange hack. Benzinga reported that the action follows a security breach totaling $351.6 million, with the issuers targeting specific wallets identified as belonging to the attackers.
Exploiter wallets still hold over 63,000 ETH, which remains beyond the reach of centralized freezing mechanisms according to CoinsPress. The frozen amount represents less than 0.1% of the total losses, highlighting the ongoing challenges in recovering decentralized assets following major exploits.